XXL got the drop on the newest artists signed to Shady Records, as the Slaughterhouse rumor had been swirling the over the last year and we all knew Yelawolf was with Interscope. Excerpts from the March issue:

“Yelawolf and Slaughterhouse, it’s kinda phase two of Shady,” said Eminem. “It’s the new generation of Shady Records and as we’re trying to rebuild our label, it’s exciting for hip-hop and with all of these forces coming together and with what everybody’s capable of on the mic, it’s gonna be fun.”

“Considering where I’m from and the shit I’ve been through, it’s hard to put into words what partnering with Shady means to me, my team at Ghet-O-Vision, and my state of Alabama. I can tell you that when you’re willing to give your life up to see a dream through, the reward is great. And now that I’ve become an apprentice to one of the greatest artists in the world, my potential reaches beyond anything I ever imagined. Let’s kill this shit,” Yelawolf said.